MillerCoors has seen out its full year with healthy profits on the back of a slight lift in sales.

The US JV between SABMiller and Molson Coors said earlier today (14 February) that its net profits in 2012 came in 18.6% up on 2011, hitting US$1.19bn. Net sales in the 12 months to the end of December were up by 2.8% to $7.76bn.

Coors Light, he added, "continued to show momentum" and the group "led craft share growth" as its Tenth and Blake division delivered "very strong results" through the brands Blue Moon and Leinenkugel’s.